Elon Musk’s net worth climbed to $1.32 trillion on June 17, according to the Bloomberg Billionaires Index, surpassing the estimated $1.314 trillion market capitalisation of Bitcoin after SpaceX’s blockbuster stock market debut.
The Elon Musk net worth milestone followed a strong rally in SpaceX shares during the company’s first three trading sessions. Data indicates that Musk’s fortune increased by $42.5 billion in the past 24 hours and by about $696 billion since the beginning of 2026.
According to market figures, SpaceX shares gained 19.22% on their first trading day. The stock rose another 19.6% on the second day and added 4.83% on the third day. The gains sharply increased the value of Musk’s holdings in the company.
SpaceX raised nearly $86 billion, including over-allotments, during its initial public offering. The offering ranks among the largest IPOs ever completed and pushed the company’s market value into the top tier of global corporations.
SpaceX is now ranked among the world’s most valuable listed companies. The company has moved ahead of Amazon by market capitalisation and trails only Nvidia, Alphabet, Apple and Microsoft.
Bloomberg Billionaires Index data showed that Elon Musk’s net worth figure now exceeds Bitcoin’s market value. CoinMarketCap data placed the cryptocurrency’s capitalisation at approximately $1.314 trillion during the same period.
Elon Musk founded SpaceX in 2002. The company develops launch systems, satellite technology and space infrastructure. SpaceX merged with artificial intelligence company xAI in February 2026, expanding its technology portfolio before the public listing.
Musk’s recent wealth growth stemmed from his ownership stake in SpaceX, alongside his holdings in Tesla and other ventures.
